Petroquest Energy Llc
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- PetroQuest was founded in 1985 as a Gulf Coast oil and gas company. From 1985 to 2002 PetroQuest grew its reserves to 69 Bcfe located principally onshore in Louisiana and offshore in the Gulf of Mexico. In 2003, PetroQuest implemented an asset diversification strategy to balance its Gulf Coast and Gulf of Mexico operations with longer lived, lower risk onshore properties. Using the cash flow generated from its Gulf Coast Basin assets, PetroQuest has expanded its asset portfolio to include properties in the Woodford and Fayetteville Shale plays in the Arkoma Basin and it has acquired a significant position in the East Texas Basin where it is pursuing both oil and gas potential. The strategy has yielded results as PetroQuest has more than doubled reserves since 2002 to 157 Bcfe while production has increased an average of more than 18% per year to 31 Bcfe in 2007. The Company is now focused on expanding its onshore operations with approximately 75% of its $230 million 2008 capital expenditure budget allocated to East Texas and the Arkoma Basin.
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Headquarters:400 East Kaliste Saloom Road , Lafayette, Louisiana, United States
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Phone Number: +1 337-232-7028
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Website: https://www.petroquest.com
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Employees:82
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Revenue:$10 - 50M
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Legal Name:Petroquest Energy Llc
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Petroquest Energy Llc's Social Media
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| NAICS Code: 211120 |
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Frequently Asked Questions regarding Petroquest Energy Llc
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Where are Petroquest Energy Llc's Headquarters?
Petroquest Energy Llc's Headquarters are in 400 East Kaliste Saloom Road ,Lafayette,Louisiana,United States
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What is Petroquest Energy Llc's phone number?
Petroquest Energy Llc's phone number is +1 337-232-7028
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What is Petroquest Energy Llc's official website?
Petroquest Energy Llc's official website is https://www.petroquest.com
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What is Petroquest Energy Llc's Revenue?
Petroquest Energy Llc's revenue is $10 - 50M
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What is Petroquest Energy Llc's NAICS code?
Petroquest Energy Llc's NAICS code is 211120
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How many employees are working in Petroquest Energy Llc
Petroquest Energy Llc has 82 employees
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What is Petroquest Energy Llc's Industry?
Petroquest Energy Llc is in the industry of Oil & Energy
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Who is Petroquest Energy Llc's Vice President?
Petroquest Energy Llc's Vice President is Stephanie Castell